Absolute smasher!
Potential for a bounce soonish, people will chase the short.
Could be profit taking + short position = rotate profits like a legend into ETF.. one hopes.  https://twitter.com/filbfilb/status/1859287520623600002

Twitter

The price of Ethereum rose today because it formed strong support around $3,000, and the upcoming "golden cross" may push the price to break through $4,000.

The native token of Ethereum, ETH, has been trading between $3,000 and $3,250 over the past seven days. Now, this largest Altcoin in the world is aiming to further rise towards the $4,000 target.

As shown in the chart, Ethereum has risen 9.65% in the past 24 hours, and has regained the 50-day exponential moving average (EMA) on the 4-hour chart, recovering the bullish trend. ETH is seeking...

Why is the Ethereum (ETH) price rising today?

When will the curtain be raised on the return of the counterfeit season?

XRP leads the rise, and old-line currencies are recovering: a signal of the return of the alt season?

Since Trump took office, the crypto wave has been constant. On November 19, Trump will again discuss the appointment of the SEC with Coinbase CEO Brain Armstrong, and the long-ignored <base> ecosystem has once again returned to the public spotlight. In the <meme> ecosystem of <base>, in addition to the well-known <Brett>, <Degen> and others, the <meme> of <base> is accelerating like the current market, not only the AI concept is emerging endlessly, but the <Desci> series also has many tokens migrating...

What are the hype targets of the Base ecosystem that is quietly brewing a hundredfold opportunity?

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https://x.com/Cointelegraph/status/1859733782053728651

Profits were taken close to $500.
Quite the ride.
Still in but took about 40% off for now. 